Superior Industries' Business Continues Strong

    VAN NUYS, Calif.--May 23, 2002--Superior Industries International, Inc. said today that there has not been any fundamental change in its business outlook which would account for the recent weakness in its stock price and reiterated that the Company's business continues to be strong.
    "In our recent press release announcing record first quarter results, Superior announced that its aluminum wheel business is better than it's ever been. We continue to believe that all signs point to continued strength in the months to come," said Mr. Louis Borick, President.
    Mr. Borick added that "Superior continues to win large new and replacement aluminum wheel contracts, supporting its bullish outlook for the future, and the company's development and marketing programs are making excellent progress on the Company's new aluminum suspension components business, which we believe represents a significant future growth opportunity."

    About Superior Industries

    Superior supplies aluminum wheels and other aluminum automotive components to Ford, General Motors, DaimlerChrysler, BMW, Volkswagen, Audi, Land Rover, MG Rover, Toyota, Mazda, Mitsubishi, Nissan and Isuzu. For additional information, visit Superior's Web site at www.supind.com.

    Forward-Looking Statements

    This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors and risks discussed from time to time in the company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.